Middle East and Africa Heat Shrink Tubing for Automotive Market, By Application (Hoses, Connectors, Ring Terminals, In-Line Splices, Brake Pipes, Diesel Injection Clusters, Under Bonnet Cable Protection, Gas Pipes, Miniature Splices), Material (Polyolefin, Polyvinyl Chloride, Polytetrafluoroethylene, Fluorinated Ethylene Propylene, Perfluoroalkoxy Alkane, Ethylene Tetrafluoroethylene, and Others), Color (Red, Yellow and Others), Type (Single Wall Shrink Tubing and Dual Wall Shrink Tubing), Voltage (Low, Medium and High), Fuel Type (Petrol, Diesel/CNG and Electric), Sales Channel (OEM and Aftermarket), Vehicle Type (Passenger Cars, LCV, HCV, and Electric Vehicles), Country (South Africa, Israel, U.A.E., Saudi Arabia, Egypt, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Middle East and Africa Heat Shrink Tubing for Automotive Market
The Middle East and Africa heat shrink tubing for automotive market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.4% in the forecast period of 2021 to 2028 and is expected to reach USD 14,752.36 thousand by 2028. The growing demand for vehicle wiring harnesses for automotive safety systems is expected to drive the market's growth significantly.
Heat shrink tubing is used to insulate wire providing abrasion resistance and environmental protection for the stranded solid wire conductors with connections, joints, and terminals in electrical work. In general, a tube with a lower shrink temperature will shrink faster. When heat shrink tubing is wrapped around wire arrays and electrical components, it collapses radially to fit the contours of the equipment, forming a protective layer. It can protect against abrasion, low impact, cuts, moisture, and dust by covering individual wires or encasing entire arrays. Plastic manufacturers begin by extruding a thermoplastic tube to create heat shrink tubing. Heat shrink tubing materials vary depending on the intended application.
An increase in the demand for a wide range of insulating materials for preventive maintenance is the major driving factor in the Middle East and Africa heat shrink tubing for automotive market. Lack of operator expertise about the installation of heat shrinking tubes can prove to be a challenge. However, automation in the heat shrink tubing process can be an opportunity for the market. The stringent government regulations on the emission of toxic gases restrain the Middle East and Africa heat shrink tubing for automotive market.
The Middle East and Africa heat shrink tubing for automotive market report provide details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis of the Middle East and Africa heat shrink tubing for automotive market scenario, contact Data Bridge Market Research for an Analyst Brief; our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Heat Shrink Tubing for Automotive Market Scope and Market Size
The Middle East and Africa heat shrink tubing for automotive market is segmented into eight notable segments based on application, material, type, sales channel, color, voltage, fuel type, and vehicle type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, the Middle East and Africa heat shrink tubing for automotive market is segmented into hoses, connectors, ring terminals, in-line splices, brake pipes, diesel injection clusters, under bonnet cable protection, gas pipes, miniature splices. In 2021, the hoses segment is expected to dominate the market as they carry fluids through the air or fluid environments.
- On the basis of material, the Middle East and Africa heat shrink tubing for automotive market is segmented into polyolefin, polyvinyl chloride, polytetrafluoroethylene, fluorinated ethylene propylene, perfluoroalkoxy alkane, ethylene tetrafluoroethylene, and others. In 2021, the polyolefin segment is expected to dominate the market as it has excellent physical, chemical, and electrical characteristics and is resistant to abrasion and flame.
- On the basis of color, the Middle East and Africa heat shrink tubing for automotive market is segmented into red, yellow and others. In 2021, the red segment is expected to dominate the market as they are highly flame retardant and can be used in a wide range of industrial applications.
- On the basis of type, the Middle East and Africa heat shrink tubing for automotive market is segmented into single wall shrink tubing and dual wall shrink tubing. In 2021, the single wall shrink tubing segment is expected to dominate the market as it offers superior insulation strain relief and protection against mechanical damage.
- On the basis of voltage, the Middle East and Africa heat shrink tubing for automotive market is segmented into low, medium, and high. In 2021, the low voltage segment is expected to dominate the market due to its increase in the utilization of heat shrink tubing, mainly for sealing cables and insulation.
- On the basis of fuel type, the Middle East and Africa heat shrink tubing for automotive market is segmented into petrol/diesel, CNG, and electric. In 2021, the petrol segment is expected to dominate the market as it allows for the quick starting, faster acceleration, and easy combustion of the fuel in automobiles.
- On the basis of sales channel, the Middle East and Africa heat shrink tubing for automotive market is segmented into OEM and aftermarket. In 2021, the OEM segment is expected to dominate the market as product specifications have greater transparency.
- On the basis of vehicle type, the Middle East and Africa heat shrink tubing for automotive market is segmented into passenger cars, LCV, HCV, and electric vehicles. In 2021, the passenger cars segment is expected to dominate the market due to its increasing usage of private mobility nowadays.
Middle East and Africa Heat Shrink Tubing for Automotive Market Country Level Analysis
The Middle East and Africa heat shrink tubing for automotive market is analyzed, and market size information is provided by the country, application, material, type, sales channel, color, voltage, fuel type and vehicle type as referenced above.
The countries covered in the Middle East and Africa heat shrink tubing for automotive market report are South Africa, Israel, U.A.E., Saudi Arabia, Egypt, the Rest of the Middle East and Africa.
Saudi Arabia dominates the Middle East and Africa region because of rapid growth in automotive industry and manufacturing dominance in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of the Middle East and African brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of sales channels are considered while providing forecast analysis of the country data.
Rise in technological advancements to increase vehicle performance is boosting the market growth of Middle East and Africa heat shrink tubing for automotive market
The Middle East and Africa heat shrink tubing for automotive market also provide you with detailed market analysis for every country's growth in a particular market. Additionally, it provides detailed information regarding the market players’ strategy and their geographical presence. The data is available for the historical period 2010 to 2019.
Competitive Landscape and Middle East and Africa Heat Shrink Tubing for Automotive Market Share Analysis
The Middle East and Africa Heat shrink tubing for automotive market competitive landscape provide details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the Middle East and Africa heat shrink tubing for automotive market.
Some of the major players operating in the Middle East and Africa heat shrink tubing for automotive market are ABB, SHAWCOR, HellermannTyton, 3M, Alpha Wire, Molex, TE Connectivity, Panduit, among others.
Many contracts and agreements are also initiated by the companies worldwide, which are also accelerating the Middle East and Africa heat shrink tubing for automotive market.
For instance,
- In February 2021, Panduit launched a 400G Next Generation CS Connector to optimize data center fiber to rack density. The CS Connector is available for unitary Single-mode and Multimode fiber options. The launch of this high-density fiber connector solution optimizes the data center for next-generation applications, which helps in improving the product portfolio of the company
- In March 2019, HellermannTyton introduced various alternative-diesel heat shrink products in diesel technologies. The company enhanced its business portfolio generating more income and profit for it
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